iRhythm Technologies Chief Operations Officer Karim Karti's 2019 pay rises 4% to $5.1M
iRhythm Technologies reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
iRhythm Technologies reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, five executives at iRhythm Technologies received on average a compensation package of $3M, a 1% increase compared to previous year.
Karim Karti, Chief Operations Officer, received $5.1M in total, which increased by 4% compared to 2018. 79% of Karti's compensation, or $4.1M, was in stock awards. Karti also received $580K in non-equity incentive plan, $463K in salary, as well as $10K in other compensation.
For fiscal year 2019, the median employee pay was $82,405 at iRhythm Technologies. Therefore, the ratio of Karim Karti's pay to the median employee pay was 62 to one.
Kevin M. King, Chief Executive Officer, received a compensation package of $4.8M, which decreased by 7% compared to previous year. 67% of the compensation package, or $3.2M, was in stock awards.
Matthew C. Garrett, Chief Financial Officer, earned $1.9M in 2019, a 5% increase compared to previous year.
David A. Vort, Executive Vice President, Sales, received $1.8M in 2019, which increases by 6% compared to 2018.
Mark J. Day, Executive Vice President, Research & Development, earned $1.4M in 2019, a 11% increase compared to previous year.
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Kevin King
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